What are the benefits and/or disadvantages for country from making its currency the world trade currency?

Please answer the two following question in the attached word document.

No introduction/body/conclusion, just one full page for each questions

Q1: What are the benefits and/or disadvantages for country from making its currency the world trade currency?

Q2: What are the advantage and/or disadvantages for a country from losing the status of world trade currency?

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